Shree Refrigerations Bags SIDM Champion Award for MSEs

Mumbai, India – Shree Refrigerations Ltd (SRL) has been recognized with the Society of Indian Defence Manufacturers (SIDM) Champion Award for MSEs in the Import Substitution category at the SIDM’s Annual Session and Champion Awards.

Union Defence Minister Rajnath Singh presented the award to R G Shende, Chairman and Managing Director, Shree Refrigerations Ltd; Abhijit Saoji, CEO, Shree Refrigerations Ltd; and Cdr Manoj Parashar, VP- Defence & Marine, Shree Refrigerations Ltd, at the 8th Annual Session of SIDM in New Delhi.

The award acknowledges the company’s role in indigenizing the air-conditioning system for Scorpène-class submarines, which are advanced conventional diesel-electric submarines designed for stealth and underwater combat. Defence Secretary of India Rajesh Kumar Singh and Director General (Acquisition) A Anbarasu were also present at the event.

Shree Refrigerations is one of India’s leading defence-focused manufacturers of advanced refrigeration and HVAC systems, serving the Indian Navy and strategic defence sectors.

Highlighting the importance of the session’s theme, ‘Sovereign Capabilities, Contested Frontiers: Accelerating India’s Strategic Autonomy in an Era of Disruption’, Defence Minister Singh said that national security depends on the country’s ability to design, develop, manufacture, and control the technologies and equipment required by its Defence Forces. He urged the Indian defence industry to develop innovative solutions to expand manufacturing capacity and respond swiftly to changing operational demands.

Image Source: Shree Refrigerations Ltd (SRL)